COMMONWEALTH Bank of Australia (CBA) said it would hive off its wealth management and mortgage broking businesses, and explore whether to divest its general insurance arm, as it narrows its focus...

[SYDNEY] Commonwealth, Australia's biggest bank, announced plans on Monday to spin off its wealth management and mortgage-broking arms as it looks to streamline operations and focus on core...

[SYDNEY] Australia's biggest bank on Wednesday admitted to "unconscionable" behaviour and agreed to pay A$25 million (S$25 million) after a rate-rigging case was brought against it by...

[SYDNEY] Commonwealth Bank of Australia (CBA) has acknowledged it treated customers unfairly as a powerful inquiry into the scandal-hit banking sector that has uncovered serious misconduct and fraud...

[SYDNEY] Commonwealth Bank of Australia chief executive Ian Narev knew that a system of financial incentives to reward mortgage brokers could hurt customers but failed to act, an inquiry into...

[BENGALURU] Commonwealth Bank of Australia on Friday denied most of the 100 additional claims made against it in a major lawsuit by Australia's financial intelligence agency regarding breaches...

[SYDNEY] Australia's prudential regulator said on Wednesday that money-laundering accusations levelled at the Commonwealth Bank of Australia had not affected depositors there. "It's...

COMMONWEALTH Bank of Australia was hit on Tuesday with potentially Australia's biggest class-action lawsuit over a money-laundering scandal that has already smashed its share price and exposed...

Commonwealth Bank of Australia (CBA), the country's biggest lender, announced a major board shake-up on Monday as it scrambles to shore up investor support following allegations that it oversaw...

[BENGALURU] Commonwealth Bank of Australia announced a major board reshuffle on Monday following allegations it allowed thousands of breaches of anti-money laundering a terror financing rules through...